Browsing the "Securities" Tag

SEC Official Says ‘Plain English’ Guidance On ICOs Is Coming

| Nikhilesh De and Aaron Stanley

SEC Director of Corporation Finance William Hinman said the agency plans to release a "plain English" explanation of when a token sale is a security.

PBoC’s Digital Currency Chief Departs to Lead Securities Clearing House

| Wolfie Zhao

The former chief of China's central bank digital currency initiative has left the role to lead the country's central securities clearing house.

North Dakota Securities Regulator Issues Cease and Desists Against 3 ICOs

| Yogita Khatri

North Dakota's securities watchdog is again taking action against ICO projects it alleges are operating illegally in the state.

‘Tedious But Necessary’: Why This Decentralized Exchange Wants a License

| Leigh Cuen

As competition heats up among decentralized exchange startups for institutional crypto investors' business, Everbloom is seeking an edge.

Chinese Banking Giant Issues $1.3 Billion in Securities on a Blockchain

| Wolfie Zhao

A state-owned commercial bank in China has completed the issuance of mortgage-backed securities worth $1.3 billion using a blockchain network.

Texas Securities Watchdog Takes Action Against 3 Alleged Crypto Frauds

| Daniel Palmer and Anna Baydakova

The Texas State Securities Board has taken emergency action against three crypto investment schemes it alleges are attempting to hoax local investors.

US Judge Rules ICO Frauds Fall Under Securities Law

| Nikhilesh De

A federal judge has ruled that a criminal case against an alleged ICO fraudster will proceed to trial, saying existing securities laws apply.

Bittrex Partners With Trading Firm on Crypto Securities Offering

| Nikhilesh De

U.S.-based crypto exchange Bittrex is partnering with regulated trading platform Rialto to ultimately launch crypto securities trading.

law, legal

Mark Cuban-Backed Unikrn ICO Hit by Class Action Lawsuit

| Wolfie Zhao

Unikrn, an e-sport betting firm that conducted an ICO last year, is now facing a class action suit accusing it of violating US securities law.

Judge Issues Default Judgment in ICO Fraud Lawsuit

| Nikhilesh De

A federal judge ruled against Monkey Capital after finding it defrauded victims in an initial coin offering.